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” BTC price 3-week highs greet US CPI — 5 things to know in Bitcoin this week “ Bitcoin (BTC) starts a new week on a promising footing with BTC price action near one-month highs — can it last? In a new year’s boost to bulls, BTC/USD is currently surfing levels not seen since mid-December,…
” Bitcoin price nears 3-week high as trader says sub-7% CPI may see $19K “ Bitcoin (BTC) traded nearer $17,000 on Jan. 7 after the end of the year’s first trading week delivered a spike higher. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView All eyes on CPI Data from Cointelegraph Markets Pro and TradingView followed…
” Macroeconomic data points toward intensifying pain for crypto investors in 2023 “ Undoubtedly, 2022 was one of the worst years for Bitcoin (BTC) buyers, primarily because the asset’s price dropped by 65%. While there were some explicit reasons for the drop, such as the LUNA-UST crash in May and the FTX implosion in November,…
” El Salvador’s Bitcoin strategy evolved with the bear market in 2022 “ Cryptocurrency adoption has been on the rise in El Salvador in recent years, with the country becoming the first in the world to adopt Bitcoin (BTC) as a legal tender. This landmark decision has attracted the attention of the global cryptocurrency community…
” Price analysis 1/6: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI “ The United States December nonfarm payrolls report showed a growth of 223,000 jobs, above the market’s expectation of an increase of 200,000 jobs. While this shows that the economy remains strong, market observers shifted their focus to the slower wage…
” Bitcoin yo-yos on US macro data amid call for BTC price to retest $17K “ Bitcoin (BTC) flashed volatility at the Jan. 6 Wall Street open after fresh United States economic data disappointed risk-asset bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: BTC price in line for $17,000 retest Data from Cointelegraph Markets…
” BTC price forms new support at $16.8K as Bitcoin lures ‘mega whales’ “ Bitcoin (BTC) could be busy forming fundamental support in its current tight trading range, the latest research suggests. In a tweet on Jan. 6, trading platform Trend Rider noticed that $16,800 is becoming an increasingly important BTC price support zone. Point…
” ‘Big move brewing’ for BTC price? Bitcoin may stay flat, hints analyst “ Bitcoin (BTC) traders are desperate for fresh BTC price volatility, but opinions are diverging on when it will come. BTC/USD is currently seeing some of the least volatile conditions in its history, price metrics show. Volatility far from guaranteed Since the…
” Price analysis 1/4: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI “ Gold made a strong start to the new year and is trading close to a seven-month high on expectations that the United States Federal Reserve may slow down and hike rates only by 25 basis points in its next meeting…
” $16.8K Bitcoin now trades further below this key trendline than ever “ Bitcoin (BTC) is now further below a key moving average than it was at the pit of the March 2020 COVID-19 crash. In a tweet on Jan. 4, popular trader and analyst Rekt Capital revealed just how remarkable the current Bitcoin bear…